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Regional Trends

Housing Inventory in Florida Just Hit the Highest Level on Record

The number of homes on the market in the Sunshine State rose 23% year over year to a record high in January amid a decrease in homebuying, an influx of newly built homes for sale, intensifying natural disasters, and surging insurance costs and HOA fees.  Florida ended January with 172,209 homes for sale—the highest inventory […]
Climate Change

Florida Condo Prices Are Holding Up Best Away From the Coast

Condo prices are up 5% year over year in inland Florida, but down a respective 5% and 3% on Florida’s Gulf Coast and Atlantic Coast. Inland Florida tends to have newer condos, which haven’t yet had to comply with new rules that have driven up HOA fees elsewhere in the state. It also has less […]
hottest neighborhoods
Hottest Neighborhoods

Florida Frenzy: America’s Hottest Neighborhoods of 2022

Eight of the places on the annual top 10 list are in Florida, which is luring scores of house hunters in search of sunshine, low taxes and more affordable housing. Retirement communities surrounding Sarasota, in particular, are seeing growing demand from young homebuyers who have been priced out of other areas and from remote workers […]
Transit Score

Home Prices Rose Twice as Fast in Car-Dependent Neighborhoods as Transit-Accessible Areas During the Pandemic

Home prices in car-dependent areas are up 33% since before the pandemic versus 16% for transit-accessible neighborhoods, reflecting the rise in remote work and the declining importance of proximity to public transportation.  Home prices in car-dependent areas have risen twice as fast as those in transit-accessible areas since the start of the pandemic.  The median […]
Hottest Neighborhoods

Escaping the City: America’s Hottest Neighborhoods of 2021

Vacation towns and suburbs outside of major coastal cities are on the rise as remote work drives Americans to seek out space, solitude and affordability during the coronavirus pandemic. Redfin’s 10 hottest neighborhoods of 2021 all have one thing in common: They’re offering American homebuyers respite from crowded, costly cities during the coronavirus pandemic. Each […]
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